NOT LISTED FOR SALE

118 NE 116th St Miami, FL 33161

Estimated Value: $435,000 - $638,000

3 Beds
2 Baths
1,016 Sq Ft
$520/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $520,000 $512 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,371/month

26 Days on Market

Highlights

  • Room in yard for a pool
  • Sun or Florida Room
  • Den
  • Garden View
  • No HOA
  • Porch

About This Home

As of June 2023

Looking for a beautifully remodeled single-family home in a prime location? Look no further than this stunning 3 bedroom, 2 bath home located near Miami Shores and Barry University! This home has been completely updated from top to bottom, with a spacious Florida room that offers plenty of natural light. Enjoy the large yard, complete with fruit trees and ample parking in the driveway. Plus, there's no HOA to worry about! Don't miss out on the opportunity to make this house your home.

Last Agent to Sell the Property

Daiana Devitta

My Realty Group, LLC. License #3305682 Listed on: 05/06/2023

My Realty Group, LLC.

Last Buyer's Agent

Maleny Carrasco

Compass Florida, LLC License #3455556

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,249

Year Built

  • Built in 1950

Lot Details

  • 6,900 Sq Ft Lot
  • North Facing Home
  • Property is zoned 0100

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,016 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Open Floorplan
  • Den
  • Sun or Florida Room
  • Vinyl Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Porch

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • La Paloma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-21-36-025-2110

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,249

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: LA PALOMA
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Water Heater, Microwave, Electric Range, Washer
  • Interior Amenities: First Floor Entry, Den/Library/Office, Florida Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Vinyl
  • Furnished: Unfurnished
  • Living Area: 1016
  • Possible Use: Primary
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room, Family/Dining Combination
  • Living Room Features: Den/Library/Office, Florida Room

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Fruit Trees, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: LA PALOMA
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-21-36-025-2110
  • Lot Size Sq Ft: 6900
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2023
Closed on
Jun 2, 2023
Sold by
Dual Property Investments Inc
Bought by
Castro Yanko
Seller's Agent
Daiana Devitta
My Realty Group, LLC.
Buyer's Agent
Maleny Carrasco
Compass Florida, LLC
List Price
$499,000
Sold Price
$520,000
Premium/Discount to List
$21,000
4.21%
Views
4
Current Estimated Value
$528,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,164
Avg. Annual Appreciation
0.65%
Original Mortgage
$510,581
Outstanding Balance
$496,928
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$31,236

Purchase Details

Listed on
Nov 16, 2022
Closed on
Jan 25, 2023
Sold by
Nieves Rafael Alexander
Bought by
Dual Property Investments Inc
Seller's Agent
Theresa Hart
Florida Premier Realty of the Palm Beaches LLC
Buyer's Agent
Theresa Hart
Florida Premier Realty of the Palm Beaches LLC
List Price
$370,000
Sold Price
$300,000
Premium/Discount to List
-$70,000
-18.92%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
489.64%
Original Mortgage
$297,075
Interest Rate
6.48%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 12, 1997
Sold by
Nieves Rafael
Bought by
Nieves Alina
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Castro Yanko $520,000 Gables Title
Dual Property Investments Inc $300,000 --
Nieves Alina $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Yanko $510,581
Previous Owner Dual Property Investments Inc $297,075
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2023 06/02/23 Sold $520,000 +4.2% $512 / Sq Ft
05/06/2023 05/06/23 For Sale $499,000 +66.3% $491 / Sq Ft
02/09/2023 02/09/23 Sold $300,000 -18.9% $295 / Sq Ft View Prior Sale
12/20/2022 12/20/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $370,000 0.0% $364 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $370,000 -- $364 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,275 $391,223 $289,800 $101,423
2024 $4,929 $387,019 $290,001 $97,018
2023 $4,929 $220,798 $0 $0
2022 $4,249 $200,726 $0 $0
2021 $3,726 $182,479 $120,018 $62,461
2020 $514 $24,470 $0 $0
2019 $506 $23,920 $0 $0
2018 $486 $23,474 $0 $0
2017 $482 $22,992 $0 $0
2016 $471 $22,520 $0 $0
2015 $459 $22,364 $0 $0
2014 -- $22,187 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11383309

MIAMI REALTORS® MLS

APN: 30-2136-025-2110